News Briefs | Issue 12

By James Crowell
November 30, 2011

European sovereign debt crisis spreads

Businesses accross the world could now be threatened by Europe’s worsening debt crisis.  All kinds of companies are now feeling the strain as European banks pull back on lending in an effort to hoard capital and shore up their balance sheets. American money market funds have now stopped lending to European banks, forcing them to withdraw financing.

Read the original story on  |  Nov. 28, 2011


Egypt hosts first election since revolution

Large crowds of Egyptians cast their votes in the first parliamentary elections since the revolution that ousted President Hosni Mubarak from power. Many violent demonstrations took place against military rulers that filled the power vacuum after Mubarak was forced out.   The Muslim Brotherhood, a once-outlawed Islamist group, came one step closer to a formal role in governing Egypt.

Read the original story on | Nov. 28, 2011



Occupy protesters not forced to leave by  Los Angeles police

The deadline came and went for members of the Occupy Los Angeles movement as police  officers failed to forcefully clear their tents from around City Hall.  Mayor Antonio R. Villaraigosa had set a Monday morning deadline for protesters to clear their tents and other possessions from the camp, which is on the grounds of City Hall. A group of protesters filed for a federal injunction against the move, saying that it was a free speech violation.

Read the original story on | Nov. 28, 2011


An Occupy L.A. protestor cries out as supporters congregate around the south steps of city hall in Los Angeles, Ca. Despite orders to vacate on Sunday, Nov. 27 at midnight, residents continue to occupy the site after a face off with L.A.P.D. in the pre-dawn hours.


Rift widens between U.S. and Pakistan after recent attack

Two dozen Pakistani soldiers were killed by an NATO air attack on Nov. 26.  Pakistani officials saying the attack on two border posts was unprovoked. Relations with Pakistan have soured with this lastest attack, as the border crossing is now closed.  This is preventing 60 percent of the  army’s equipment into the warzone. Pakistan’s military commander, Army Gen. Ashfaq Parvez Kayani, has said that there must be a “measured response” to the attack.

Read the original story on | Nov. 27, 2011



Supercommittee fails to reach deal on reducing debt

The congressional committee that was presented with the task of coming up with $1.2 trillion to cut from the federal budget failed to reach a deal prior to the Thanksgiving holiday. The absence of an agreement threatens to slow any real growth in the ailing global economy.  Raising taxes on almost everyone will need to be considered. The reduction of government spending is also a possibility.

Read the original story on | Nov. 21, 2011



King of Prussia mall plans to expand

Simon Property Group Inc. has recently received majority ownership of the King of Prussia mall and the real estate company has now decided to expand the mall with a new wing of stores and restaurants. The new construction will give the mall a 140,000- square-foot indoor corridor to connect the Court with the Plaza.

Read the original story on | Nov. 29, 2011



Fourth graders charged with sexual assault

Three fourth grade students have been charged with sexually assaulting an 8-year-old classmate in the restroom of a West Philadelphia School. After a three-week investigation, three of the young boys have been arrested. The school where the assult took place has started requiring students to travel in pairs.  A school counselor also met with every class to discuss inappropriate behavior and the importance of reporting incidents to school staff immediately.

Read the original story on | Nov. 29, 2011



Cabrini receives Father George Mader Award

College President Marie Angelella George accepted the Father George Mader Award  on the college’s behalf at a ceremony in Philadelphia on Nov. 17.  The award is given to institutions that show commitment to fostering faith-based volunteer service.

Read the origional story on | Nov. 29, 2011

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James Crowell

Senior com major at Cabrini College. Technical Director for LOQation. On-Air personality on WYBF-FM. Past News editor for The Loquitur, 2011-12. Passion for videography, tech news & quantum mechanics. Follow me @JamesCrowellJr

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